WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: $26M Capital Raising for Transition to 100000ozpa, page-168

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  1. 3,662 Posts.
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    Hi @GravityWaves. I see you are still swing facts against very thick walls. Noble, I suppose!
    Re trade payable ... fun fact.

    If I grab Dec 18 qtr published Jan 19 I note :

    Total property plant expenditure -> 2.1m
    Total exploration and evaluation -> 2.4m
    Total development -> 2.8m
    Total production costs -> 23.7m
    Total admin -> 0.5m

    Total cash cost for the 90 days was therefore about 31.5m ... less than the trade creditors balance.

    Hmmmmm. Do you think that means everybody is on 90+ day credit terms?

    Rhetorical question of course ... I'm happy to guess the answer.

    Have a great day. II'm sure it will be even better of you abandon BLK!
 
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